IIM-B launches financial intelligence prog for CBI officials

IIM Bangalore has launched a unique course -- a certificate programme in Financial Intelligence and Analytics -- for officers of CBI.
The programme, delivered by senior faculty members, mostly from the Finance and Accounting areas of IIMB, seeks to provide CBI officers with knowledge in wide ranging areas of financial management, and financial operations and markets, the institute said in a release.
For practical insights, guest speakers from audit firms, consulting firms, and organisations such as SEBI and RBI will also be invited to address the participants, it added.
The first batch of 30 senior officers was welcomed to the programme, which was inaugurated by Anil Kumar Sinha, Director, Central Bureau of Investigation, and Dr Sushil Vachani, Director, Indian Institute of Management Bangalore.

"In our pursuit of excellence in investigation, we should equip ourselves to not only crack cases but to understand the nuances of cases whose implications are far reaching in the financial world. A course on Financial Intelligence, from a premier institution such as IIM Bangalore, will equip our officers with the latest knowledge and new techniques to do the work assigned to them with speed and accuracy," Sinha said.
"It will also help us enhance the CBI motto of 'Industry, Impartiality and Integrity' with another vital element - Knowledge," he added.
Stating that CBI's track record was under increasing stress due to a multiplicity of factors, he said, "Our investigators face the biggest challenge in new age crimes, financial and cybercrimes, where technology enables offenders to operate across national jurisdictions at the click of a button."

"In the field of financial and multi-jurisdictional crimes, investigators and prosecutors must be constantly kept apprised of global trends, swiftly changing technology and ever changing laws," he added.